Valuation
Required reading
Over the past year, we have witnessed a unique experiment in what makes financial risk management effective. A succinct supervisory summary of what we have learned should be required reading for all interested parties, argues David Rowe
CEBS reports on bank transparency and illiquid product valuations
Daily news headlines
Valuing CDOs of ABSs
Charles Smithson and Neil Pearson discuss the valuation of collateralised debt obligations (CDOs). Following on from their December 2007 article, which focused on CDOs referenced to corporate credits, the authors turn their attention to CDOs of asset…
Rating knock-outs
Constant proportion debt obligations
FSA cracks down on client valuations
Daily news headlines
Iterating cancellable snowballs and related exotics
Cutting edge: Exotic options
Hedge funds solve the risk culture puzzle
As recent reverses amply demonstrate, risks beyond investment risk can cause even the most sophisticated hedge funds to take a battering. Navroz Patel finds out about leading managers' greatest fears, and how they are tackling thorny issues such as…
To store or not to store
Natural Gas